This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: shows the production possibilities boundary for an economy that produces two goods-cotton ... (Read 96 times)

awgagawg

  • Full Member
  • ***
  • Posts: 144
on: Oct 12, 2022

Figure 1-7 shows the production possibilities boundary for an economy that produces two goods-cotton and bananas.



FIGURE 1-7

Refer to Figure 1-7. A production possibilities boundary is shown for an economy that produces two goods-cotton and bananas, both measured in tonnes produced per year. Suppose the economy is currently producing at point A. What is the opportunity cost to this economy of increasing the production of bananas by 100 tonnes?


◦ There is no opportunity cost.
◦ 60 tonnes of cotton
◦ 1500 tonnes of bananas
◦ 1440 tonnes of bananas
◦ 100 tonnes of cotton
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awgagawg on Oct 12, 2022

delmiss

  • Full Member
  • ***
  • Posts: 152
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


awgagawg

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Wow, this really help

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
The Seringapatam medal shows a lion defeating a tiger The Seringapatam medal shows a lion defeating a tiger
Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
Secondary response begins more rapidly after exposure to antigen, produces more antibodies, and ... Secondary response begins more rapidly after exposure to antigen, produces more antibodies, and ...
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Which of the following reactions correctly shows the transmutation of an element by neutron ... Which of the following reactions correctly shows the transmutation of an element by neutron ...
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library